The application-specific permission settings do not grant Local Activation permission for the COM Server application with CLSID
{A9E69610-B80D-11D0-B9B9-00A0C922E750}
to the user NT AUTHORITY\NETWORK SERVICE SID (serviceID). This security permission can be modified using the Component Services administrative tool.

1. First take note of the GUID from your specific error (numbers between {}).

2. Open the registry editor (Start -> Run -> regedit)

3. Click the computer name at the top of the menu on the left. Then choose Edit -> Find and paste the GUID from step #1

4. This will show you the specific service having the issue. In this example the service was “IIS Admin Service”

7. Right click the specific service you found in step #4 and select Properties -> Security tab

8. In the first area “Launch and Activation Permissions” check the “Customize” radio button and then “Edit”

9. Add the specific user that encountered the error and give it local launch and activate permissions. You can find this service in the error message and in this example it is the Network Service user:
NT AUTHORITY\NETWORK SERVICE